daniel chigunwe
- businessweekly
- August 22, 2023
- 84 views
Rule that rocked global carbon market is walked back in Zimbabwe
Bloomberg Three months after Zimbabwe roiled the US$2 billion carbon credit market by suddenly canceling projects and claiming half of all proceeds, the country now says it will accept a…
- businessweekly
- August 22, 2023
- 99 views
Year-on-year inflation drops by 24 percentage points
Malvern Nkomo Zimbabwe’s annual inflation rate for the month of August 2023 slows to 77,2 percent from 101 percent recorded in July 2023 as the local currency remained stable against…
- businessweekly
- August 22, 2023
- 92 views
New lithium discovery in Kamativi initial drilling
Oliver Kazunga Senior Business Writer THE United Kingdom-headquartered resource group, Galileo Resources plc, has announced a new lithium discovery over the company’s Kamativi project in Matabeleland North province. The mining…
- businessweekly
- August 22, 2023
- 61 views
Truworths raise $2,227 billion through rights offer
Business Reporter Clothing retailer Truworths says it raised $2,227 billion through a rights offer to capitalize the company in order to sustain its viability. In an update following the close…
- businessweekly
- August 22, 2023
- 81 views
Zim sees US$1,2bn net foreign currency inflows
Tapiwanashe Mangwiro The Reserve Bank of Zimbabwe (RBZ) in its mid-term monetary policy said the country has seen a net foreign currency inflows of US$1,2 billion. “The total foreign inflows…
- businessweekly
- August 22, 2023
- 56 views
Kenya and the US are negotiating a trade deal that could be a model for Africa
The Conversation The US and Kenya announced a trade and investment partnership in July 2022. Talks have been progressing on the way forward in nine areas, including agriculture, anti-corruption, digital…
- businessweekly
- August 22, 2023
- 51 views
Brics expansion gets interesting if Saudis join, Jim O’Neill says
Bloomberg Adding countries to the Brics bloc will matter economically if Saudi Arabia is one of them but otherwise it’s hard to see the point, said Jim O’Neill, a prominent…
- businessweekly
- August 22, 2023
- 63 views
‘SA has a great deal to learn from China’
Moneyweb This year marks 25 years of diplomatic ties between South Africa and the People’s Republic of China. Our bilateral relationship with our largest trading partner is almost as old…
- businessweekly
- August 22, 2023
- 106 views
Mobile money in Ghana isn’t all good news …
The Conversation Fintechs, notably mobile money, have transformed banking and finance in developing and emerging economies in Africa and beyond. Financial technology (better known as fintech) is used to describe…
- businessweekly
- August 18, 2023
- 102 views
Drought fears as El Niño makes comeback
Martin Kadzere Zimbabwe is likely to experience a drought in the 2023/24 cropping season due to El Niño climate phenomena that threatens to slow down the country’s economic growth projections,…